3SOF

 The main reason why SOYO went down after earnings is because it reported about $25M and the dumb analyst covering the stock estimated $36M. On the surface it looks like a major miss but in reality it is not. The analyst obviously just divided the previous $140M guidance by 4 and distributed the revenue evenly every quarter.

There are very few companies that are raising guidance in this economy and SOYO is one of them.

I hope the company releases a PR detailing the guidance as it did during the CC. If that happens all bets are off and SOYO will make a significant jump.

Once the street knows about the significant and steady growth planned for the next few quarters the stock will enjoy steady gains as it should.

SOYO Updates Financial Guidance for Fiscal Year 2008

Monday May 19, 9:30 am ET


ONTARIO, Calif., May 19, 2008 (PRIME NEWSWIRE) -- SOYO Inc. (OTC BB:SOYO.OB - News) today announced its updated financial guidance for fiscal year 2008.
Previously, projections for the year 2008 were top line revenue of $140,000,000, and net income of $5-6 million, or approximately 11 cents per share.

In the conference call held May 15, 2008, the Company released projections on a quarter by quarter basis. First quarter financial results were in line with the Company's internal projections of $25 million in net revenue, and $.01 per share. For the second quarter, the Company is projecting net revenues of $33 million and EPS of $.02. For the third quarter we are projecting net revenues of $37 million and EPS of $.04. For the fourth quarter we are projecting net revenues of $50 million and EPS of $.05.

The Company's 2008 top line revenue projections are $140 million-$145 million. The Company's 2008 net income projections are $5 million-$6 million or $.11-$.12 per share.

About SOYO Inc.

SOYO Inc. is an innovative provider of consumer electronics and IT products such as LCD Monitors, LCD HD Televisions, Bluetooth Devices, Portable Storage, and Home Theater Furniture products and services. Headquartered in Ontario, California, with additional sales offices in Latin America, SOYO sells its products through an extensive network of authorized retailers, distributors, resellers, system integrators, VARs, and ecommerce web sites. Products are sold under the SOYO, Dragon, Onyx, Dymond, Honeywell, Le Vello, and Prive brand names. For more information, please visit http://www.soyo.com. For information on the Honeywell Consumer Electronics product lines, please visit http://www.honeywellce.com.

bought...5000....shares... ...looks...like...a..no..brainer....

It is a no brainer but you have to have patience. If you can hold until about December you could make $1 on every share. That would be a nice Christmas gift. Don't you think so?

SOYO is starting to launch Honeywell's line of consumer products:

SOYO Announces the Honeywell Airlite 700 Bluetooth Headset is Now Available At Micro Center Stores

http://biz.yahoo.com/pz/080520/143091.html

The SOYO Honeywell Airlite 700 Bluetooth Headset Given the 'Great Pick' Award in Its First Independent Third-Party Review

http://biz.yahoo.com/pz/080521/143207.html

The big boost will come when SOYO announces that the Honeywell  LCD HDTVs have hit the market.

Nice review of Soyo DYLM2284 22" (21.6" Viewable) Widescreen LCD Monitor

http://www.youtube.com/watch?v=j_1BTRl5QkI

Looks like this has bottomed around 68c. With those fundamentals and the fact that LCD HDTVs are selling like hot cakes according to Corning, SOYO should be a $3 stock now

 

don't....forget....soyo......

Target $3+... $140M Revenues, $36M market cap, 12 c/share 2008 net income, huge insider buying/holdings, makes Honeywell consumer electronics, will move to the NASDAQ or AMEX later this year.

SOYO is introducing new products at a record pace including the first Honeywell consumer electronics products like LCD monitors and Bluetooth. The company expects to launch the Honeywell line of LCD HDTVs ranging from 47" to 82."  Honeywell product reviews are excellent.   

- June 5, 2008.......SOYO Announces the Honeywell Arius 19-inch and 22-inch LCD Monitors Now in Stock and Shipping:

http://biz.yahoo.com/pz/080605/144122.html

- June 4, 2008......SOYO's First Smaller Sized LCD HDTV Now Available for Purchase

http://biz.yahoo.com/pz/080604/144011.html

- May 21, 2008 .......The SOYO Honeywell Airlite 700 Bluetooth Headset Given the 'Great Pick' Award in Its First Independent Third-Party Review

http://biz.yahoo.com/pz/080521/143207.html

- May 20, 2008 .....SOYO Announces the Honeywell Airlite 700 Bluetooth Headset is Now Available At Micro Center Stores

http://biz.yahoo.com/pz/080520/143091.html

---- Here is the link for all company news:

http://finance.yahoo.com/q/h?s=SOYO.OB


SOYO, a US-based HDTV maker, reported May 15, 2008 $24.8M in revenues for 1Q 2008 up 69% from $14.7M in 1Q 2007 and 1c/share net income. Guidance calls for revenues and net income growth each of the next 3 quartersr. They expect revenues of $145M and 12c/share for 2008.

SOYO plans to launch the Honeywell line of LCD HDTVs in July 2008. The sets will range from 47" to 82". SOYO has a multi-year license with Honeywell to design, manufacture, and market a complete line of Honeywell consumer electronics products. The company already launched LCD computer monitors and Bluetooths under the Honeywell brand name. The company continues to grow its SOYO brand of HDTVs and its Prive brand sold exclusively at WalMart Canada.

GUIDANCE FOR THE REST OF 2008.

Instead of giving yearly guidance as he has so far, CEO Chok decided to provide quarter to quarter guidance. This is actually better for investors and analysts and removes the guessing game.

Unlike most companies guiding lower, SOYO continues its remarkable positive growth in both revenues and net income.

- For 2Q 2008 guidance calls for revenues of $32M and 2c/share net income.

- 3Q revenues of $37M and 4c/share

- 4Q revenues of $50M and 5c/share net income

The total net revenue for 2008 is expected to be $148M while net income is expected at 12c/share.

This assumes that the company does not succeed increasing its credit limit. However, the CEO is optimistic that they will increase their borrowing power and therefore revenue and net income will increase substantially. The CEO said that he expects announcements regarding financing in the near future.

Regarding the Honeywell rollout it is already under way with them receiving the SecuraDrive and monitors as well as Bluetooths in their warehouse. SOYO will start distributing Honeywell HDTVs in July starting with smaller units followed by the larger units in time for the holidays. This is the reason why the revenues will jump in 4Q 2008. SOYO has a multi-year license from Honeywell to develop an entire line of consumer electronics products including LCD HDTVs ranging from 47" to 82", LCD monitors, portable drives, wireless products, etc.

The company needs to get approval from Honeywell to issue PRs regarding who will carry the Honeywell brand. But he expects to do so shortly.

SOYO continues to grow at an accelerated and controlled pace. The CEO owns over 50% of the O/S shares and he expressed many times before that he will not mortgage the company's future for short-term gains. In fact, CEO Chok purchased 1.5M shares last month at $1.25/share when the stock was trading at $1.25. He did so to help improve the company balance sheet.

In summary, SOYO is extremely undervalued trading at a 5 forward PE, a 0.2 PEG,and a 0.25 P/S. Once the company moves to a higher exchange it will easily trade in the $5+ range.

NEWS JUST OUT!!

Press Release Source: SOYO Group Inc.


Dutton Associates Announces Investment Opinion: SOYO Group Rated Strong Speculative Buy in Update Report by Dutton Associates

Friday June 13, 1:00 pm ET


ROSEVILLE, Calif.--(BUSINESS WIRE)--Dutton Associates updates its coverage of SOYO Group Inc. (OTCBB: SOYO - News), reiterating its Strong Speculative Buy rating and 12-month price target of $2.00.

The 14-page report by Dutton Associates senior analyst Paul J. Resnik, CFA, is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, and Knobias and other leading financial portals.

SOYO has proven its ability to source and successfully distribute quality consumer electronics products using its own brand names, SOYO and Prive. Its products are now sold at major retailers and through Web sites throughout the United States, Canada and Latin America.

The Company achieved a 95% gain in revenues in 2007 and moved from marginal profitability, posting a seven-fold increase in net income available to common shareholders. SOYO earned fully diluted earnings per share of $0.06 in 2007 (versus $0.01 in 2006).

The Company has now begun the roll-out of a top-tier product line under the Honeywell brand name that we believe will support sustainable growth, profitability, and greater visibility for the Company.


About Dutton Associates

Dutton Associates is one of the largest independent investment research firms in the U.S. Its 27 senior analysts are primarily CFAs, and have expertise in many industries. Dutton Associates provides continuing analyst coverage of 110 enrolled companies, and its research, estimates, and ratings are carried in all the major databases serving institutions and online investors.

The current cost of enrollment in our one-year continuing research program is US $35,000 prepaid for 4 Research Reports, typically published quarterly, and requisite Research Notes. Dutton Associates received $35,000 from the Company for 4 Research Reports with coverage commencing on 1/7/08. The Firm does not accept any equity compensation. Our principals and analysts are prohibited from owning or trading in securities of covered companies. The views expressed in this research report accurately reflect the analyst's personal views about the subject securities or issuer. Neither the analyst's compensation nor the compensation received by us is in any way related to the specific ratings or views contained in this research report or note. Please read full disclosures and analyst background at www.jmdutton.com

CORNING BULLISH ABOUT LCD HDTV SALES ...SEES EXPONENTIAL GROWTH IN 2008 and 2009 DESPITE A WEAK ECONOMY

(June 13, 2008)

Corning sees the worldwide LCD TV market heading towards significant growth through 2009 despite the weak economy in the US, according to Alan T Eusden, president of Corning Display Technologies Taiwan.

Corning predicts worldwide LCD TV shipments will reach 105 million units in 2008 and 132 million units in 2009, Eusden revealed. The impact of the economic downturn on the LCD TV market remains insignificant, he added.

He predicts the worldwide LCD TV penetration rate to rise to 50% in 2008 and 60% in 2009, compared to 38% in 2007.

According to the Corning executive, the compound annual growth rate (CAGR) for the worldwide glass substrate market from 2007-2009 is expected to be 25%, chiefly driven by the LCD TV segment. The CAGR will be 3% for 5G-and-below glass substrates during the period, 23% for 6-7G ones and 158% for 8G-and-above.

For 2008, demand for LCD-use glass substrates will grow 25-30% to a total area of 2.2 billion square feet, Eusden said.

While Taiwan LCD panel makers are migrating towards 10G or above production, Corning currently has no further plans to expand its facilities in Taiwan in line with the migration, he said.

Corning in February 2008 approved an investment budget of US$453 million to expand its facilities in Taichung, Taiwan. The company said the additional capacity would enable greater manufacturing capabilities for a range of large-size substrates, including 8G ones 

Source: http://www.jmdutton.com/research/soyo/reports/soyo_report_061308.pdf

During its May 15 conference call discussing first quarter results, management provided information regarding the roll-out of the Honeywell product line.

While some monitors have arrived in the warehouse, the 24-inch LCD monitors and the 42-inch and 47-inch LCD TVs are not expected to arrive until the third quarter. Larger LCD TVs up to the gigantic 82" sets are expected in the fourth quarter.

On April 15, SOYO announced that the Honeywell Arius™ LCD Monitor had received its first independent third-party review from Mr. Aron Schatz at ASE Labs. The review lists the Honeywell Airus™ LCD Monitor as "the all-in-one business solution," and praises the monitor's built-in Web camera and three-year manufacturer's warranty.

Mr. Schatz was also impressed with the display's ultra-fast response time which tested well during video and gaming tests. Mr.Schatz concluded that "At $400, I would consider this a good monitor for a business that needs an all-in-one solution...Bottom line; Businesses are getting a good monitor from an excellent company and the home user is getting a good monitor with great response time and great features."

On May 21, SOYO announced that the Honeywell Airlite™ 700 Bluetooth Headset had received its first independent third-party review from Mr. Reynolds at 3dgameman. The Airlite™ 700 received the "Great Pick" Award and was praised for its great range, long talk and standby times, and clear reception as well as its small and lightweight design. The review states, "The Honeywell Airlite™ 700 Wireless Bluetooth Headset performs admirable well.  If you require a wireless Bluetooth headset that has great range, battery life and speaker/microphone clarity, I recommend you check this product out.  As a matter of fact, this headset is so comfortable, tiny and lightweight you'll forget you're even wearing it."

The MSRP for the Honeywell Airlite™ 700 is $79.99. It is currently available through Micro Center stores and http://www.honeywellce.com.

Hey VV. Thank you for the info. Looks like SOYO is ready to roll like it did last year. I will be adding today.

Big buys coming in...no one selling at these prices. Up 10c today. Last year's rally tp $1.8+ started this way.....the only difference is that the company has twice the revenues and 3 times the net income it did then.

SOYO has begun the roll-out of the Honeywell line of consumer electronics products. The Company expects to make a selective roll-out to big-box retailers.

So far, SOYO has launched the The Honeywell SecuraDrive™ USB 1.8 inch hard drive, The Honeywell Arius™ monitors (24-inch, 22-inch, and 19-inch), and its Honeywell Airlite™ 700 Bluetooth Headset.

The 22-inch-wide LCD monitor features three USB ports as well as a built-in 1.3 mega pixel webcam and built-in microphone.

The smaller LCD HDTVs will be launched in July 2008 followed by the larger sets (from 47" - 82") in the 4th Quarter.

The company has guided for increasing revenues and net income every quarter starting with 2Q 2008 ending July 2008. The last 2 quarters will benefit from the rollout of the HDTVs.

For 2008, SOYO expects a 35% revenue growth to $145M and net income of 12c/share based on 54M fully diluted shares. The current market cap is only $33M.

SOYO $0.68...Breakout alert...inching up after building a solid base in the low 60's. This reminds me of last year when it went from 30c to $1.8 in a couple of months. The big difference is that SOYO is now profitable with realistic significant growth potential.

The company is in many value investors' radars now. Once they make an official announcement about the Honeywll LCD HDTV launch and this puppy will explode to $1+ in a hurry. After that, strong sequential and y/y earnings as guided will fuel sustained pps growth.